Tokenization of real-world assets, otherwise known as RWA, is revolutionizing ownership. Tokenization involves splitting real assets into fractions, and representing each part as a unique digital token on the blockchain. A range of assets is already being traded in this way, from real estate and fine art to stocks, bonds, and commodities.
By enabling fractional ownership, tokenization platforms are unlocking liquidity in traditionally illiquid markets, making high-value assets, such as real estate, more accessible to a global audience.
The Real-World Asset tokenization sector has grown by 80% in the past two years and continues to expand. Naturally, the companies who provide tokenization infrastructure are set to become central players in this new industry, and it’s therefore worth learning who those companies are.
In this article, we will explore eight of the top tokenization platforms shaping the market in 2025 so you can understand this burgeoning ecosystem.
The RWA market is becoming increasingly popular as companies race to gain an early advantage. Here are eight of the biggest tokenization platforms that are already making a name for themselves.
Company | Location | CEO |
---|---|---|
R3 | New York, USA | David E. Rutter |
Tokeny | Luxembourg | Luc Falempin |
Ondo Finance | New York, USA | Nathan Allman |
SmartBlocks | Los Angeles, USA | Mark Fidelman |
Antier Solutions | Chandigarh, India | Vikram R. Singh |
RealToken Co. | Detroit, USA | Remy Jacobson |
RWA Inc. | London, UK | Kevin Yunai |
RedBelly Network | Sydney, Australia | Warren Billington |
Founded in 2014, R3 has established itself as a leading player in real-world asset tokenization and blockchain solutions. The company is best known for Corda, its distributed ledger technology (DLT) platform, which is widely used by major financial institutions.
R3 prioritizes security, privacy, and regulatory compliance, enabling businesses to transition confidently into digital markets. By providing interoperability solutions, R3 helps organizations connect traditional finance with decentralized networks, enhancing liquidity and asset mobility.
Recently, the company announced that it reached over $10 billion in on-chain assets and remains one of the key infrastructure platforms in the industry.
Tokeny Solutions is a force in the RWA tokenization sector, providing a robust and scalable platform for businesses seeking to tokenize assets such as real estate, equities, and commodities. Established in 2017 and headquartered in Luxembourg, Tokeny specializes in enterprise-grade tokenization solutions designed to meet international regulatory standards.
The company stands out for its compliance-first approach, ensuring that tokenized assets adhere to stringent financial regulations worldwide. Customizable smart contracts allow businesses to tailor tokenization models to their unique needs, while advanced security integrations safeguard tokenized assets. Tokeny has executed over 120 use cases across five continents, facilitating billions in tokenized transactions.
In recent developments, Tokeny has partnered with ONYZE to enhance institutional tokenization in Europe and 21X to improve the global liquidity of tokenized RWAs. These collaborations highlight Tokeny’s role in bridging traditional finance with blockchain-powered asset management.
Founded in 2021 by former Goldman Sachs employee Nathan Allman, Ondo Finance is a decentralized finance (DeFi) platform specializing in the tokenization of fixed-income products and real-world assets. The company enables institutional investors to tokenize and trade traditional financial assets on the blockchain, thus enhancing transparency and efficiency.
In February 2025, Ondo Finance unveiled a suite of infrastructure products aimed at integrating U.S. financial markets onto the blockchain. Moreover, this initiative includes the launch of Ondo Global Markets, a tokenization platform designed to bring publicly traded securities on-chain, and Ondo Chain, a new Layer 1 blockchain tailored for institutional-grade on-chain financial markets.
Ondo has garnered support from prominent institutions such as Franklin Templeton, Wellington Management, and WisdomTree reflecting its growing importance in the sector. Furthermore, Ondo is the only company on the list with a native token (ONDO), at least for now. While the growing interest in the project has influenced the price of ONDO, upcoming token unlocks might have prevented it from reaching its true potential. At the time of writing, ONDO has a market capitalization of nearly $4 billion.
SmartBlocks Exchange is a real estate tokenization platform that is reshaping property investment through blockchain, artificial intelligence, and decentralized finance. The company specializes in digitizing high-value real estate assets, enabling fractional ownership and seamless trading on the blockchain. This system makes property investment more liquid, enabling far more people to access the market.
SmartBlocks was recently recognized as a top PropTech company by Startupbootcamp in 2024, reinforcing its reputation as an industry leader in real estate innovation.
Antier Solutions is a blockchain development company specializing in real-world asset tokenization. It provides end-to-end tokenization services for industries such as real estate, commodities, and private equity, helping businesses digitize and fractionalize their assets for broader investor access.
A key differentiator for Antier is its cross-chain compatibility which means its tokenized assets can be issued across multiple blockchain ecosystems. This gives investors greater flexibility. The company also excels in customized tokenization solutions, catering to asset owners with unique requirements for complex financial instruments or alternative investments.
Its scalable infrastructure, interoperable platforms, and tailored services position it as a key player in RWA tokenization.
RealToken Co., based in Detroit, USA, is a pioneer in real estate tokenization, making property transactions faster, more transparent, and legally compliant. The company ensures seamless real-world asset tokenization, supporting real estate, commodities, and art while adhering to local and international regulations.
With regulatory compliance at its core, the company continues to expand its influence in the digital asset space, ensuring secure and scalable property investment solutions.
RWA Inc., headquartered in London, UK, specializes in RWA tokenization, offering end-to-end advisory services to guide clients through the entire tokenization and launch process. Their solutions encompass tokenomics strategy, marketing and branding, fundraising strategy, community building, and partnerships for legal, audit, and treasury services. As a result, it offers a full suite of services from start to finish.
RWA Inc. merges the value of physical assets with blockchain technology. In other words, the project aims to make asset ownership and investment opportunities more accessible in the digital age. In addition, in 2025, RWA Inc. plans to expand its ecosystem by developing a Layer 2 blockchain and launching a decentralized exchange. The goal is to enhance the accessibility and liquidity of tokenized assets.
RedBelly Network, headquartered in Sydney, Australia, is a next-generation blockchain platform designed for high-speed asset tokenization and secure transactions. Originally developed as a research project by CSIRO’s Data61 and the University of Sydney, RedBelly Network has evolved into a scalable and enterprise-grade blockchain. Consequently, it offers fast, secure, and energy-efficient asset tokenization.
Furthermore, its sustainable and energy-efficient consensus mechanism delivers low-cost and environmentally friendly operations. During its testnet, the company announced that more than $73 billion worth of assets will be making their way on the chain.
With a strong focus on compliance and institutional adoption, RedBelly Network could be on its way to becoming the leading tokenization platform for real-world assets, financial instruments, and enterprise applications. In other words, its approach to scalability and security makes it a powerful alternative to traditional blockchains in asset digitization and DeFi.
Tokenization is transforming asset ownership and investment by offering a list of features that are uncommon in traditionally illiquid markets. These include:
Fractional ownership via tokenization on the blockchain is already transforming multiple industries, including:
The asset tokenization industry is growing rapidly, changing finance, real estate, and investment markets. Lastly, with trillions of assets set to go on the chain, the role of tokenization platforms will only grow bigger.